The winning developers can set up projects anywhere in India, as long as these are connected to the interstate transmission system (ISTS).
The winning bid, for 300 MW of generation capacity by Spanish developer Solarpack in a 2 GW auction is 3.3% lower than the previous record of Rs2.44.
EDEN, a joint venture between EREN Renewable Energy and EDF Energies Nouvelles, has installed three solar power plants in India amounting to 87 MW. The JV now operates 200 MW capacity in India.
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